{"id":124145,"date":"2022-01-08T14:00:46","date_gmt":"2022-01-08T07:00:46","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supersize-mortgages-can-you-get-one-and-what-are-the-dangers\/"},"modified":"2022-01-08T14:04:15","modified_gmt":"2022-01-08T07:04:15","slug":"supersize-mortgages-can-you-get-one-and-what-are-the-dangers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supersize-mortgages-can-you-get-one-and-what-are-the-dangers\/","title":{"rendered":"Supersize mortgages: can you get one, and what are the dangers?"},"content":{"rendered":"


\nAs house prices soar, loans well above the traditional maximum have launched \u2013 but there are downsidesThis could be the year of the jumbo-sized mortgage \u2013 for some UK homebuyers at least \u2013 as lenders loosen their purse strings and increase the maximum sums they are willing to offer.The mortgage lender Habito recently announced that it will let some buyers borrow up to seven times their salary \u2013 well above the traditional maximum \u2013 in order to help them \u201csecure their dream home sooner\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Supersize mortgages: can you get one, and what are the dangers?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As house prices soar, loans well above the traditional maximum have launched \u2013 but there...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124145","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wil","jetpack-related-posts":[{"id":105163,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forty-year-mortgages-life-sentence-or-life-raft\/","url_meta":{"origin":124145,"position":0},"title":"Forty-year mortgages: life sentence or life raft?","date":"March 19, 2019","format":false,"excerpt":"\r It can dramatically cut monthly repayments \u2013 but there\u2019s one rather big catchNew figures suggest that the traditional 25-year mortgage is becoming a thing of the past. More than half (51%) of those on sale have a standard maximum term of up to 40 years, according to the financial\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-40-year-terms-are-becoming-the-norm-but-watch-out\/","url_meta":{"origin":124145,"position":1},"title":"Mortgages: 40-year terms are becoming the norm \u2013\u00a0but watch out","date":"October 19, 2019","format":false,"excerpt":"\r First-time buyers could end up paying a lot more \u2013 and not be mortgage-free until their 70sMortgages with a maximum term of 40 years are now becoming the norm, according to new data this week. However, with the average age of a first-time buyer standing at 32, that raises\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-raises-mortgage-borrowing-age-limit-to-85\/","url_meta":{"origin":124145,"position":2},"title":"Nationwide raises mortgage borrowing age limit to 85","date":"May 9, 2016","format":false,"excerpt":"\r The last age at which the society will grant a mortgage is 80 years old, to run for five yearsNationwide is to raise the maximum age limit for its mortgages from 75 to 85, the highest of any major lender, in a change of policy that it says reflects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43965,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-op-bank-its-time-to-go-back-to-the-mutuals\/","url_meta":{"origin":124145,"position":3},"title":"Co-op Bank: it's time to go back to the mutuals","date":"July 20, 2012","format":false,"excerpt":"\r Demutualisation was a disaster. Only two of the former societies \u2013 Woolwich and A&L \u2013 have not required a taxpayer handoutDemutualisation. It didn't work, really, did it? Take the Cheltenham & Gloucester. For 145 years it ran, rather successfully, as a mutual building society. Then over 17 years, roughly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-you-need-to-know-as-a-first-time-mortgager-in-the-uae\/","url_meta":{"origin":124145,"position":4},"title":"All you need to know as a first-time mortgager in the UAE","date":"July 16, 2016","format":false,"excerpt":"\r The decision to get a mortgage is not one people take lightly - and rightly so. Mortgages are likely to be the biggest loans, or investments, that you will make in your lifetime. Additionally, whether you are already on the property ladder, or it is your first venture into\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-you-need-to-know-as-a-first-time-mortgagor-in-the-uae\/","url_meta":{"origin":124145,"position":5},"title":"All you need to know as a first-time mortgagor in the UAE","date":"July 16, 2016","format":false,"excerpt":"\r The decision to get a mortgage is not one people take lightly - and rightly so. Mortgages are likely to be the biggest loans, or investments, that you will make in your lifetime. Additionally, whether you are already on the property ladder, or it is your first venture into\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124145"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124145"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124145\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}